Exchange of the year: APX

Power exchange copes well with evolving market and changes in client demand

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René Kerkmeester, APX

Europe's power market is going through a turbulent transition. A growing share of renewables in the generation mix of many European countries is making prices choppier and less predictable, pushing energy companies towards short-term trading. The market is also being transformed via market coupling – a process that combines power trading and capacity allocation across borders – bringing Europe's electricity markets closer together than ever before.

This shifting landscape needs exchanges that ar